A roving compendium of ecocentric energy options, including advances in solar and wind power, hybrid vehicles, and other thoughtful, balanced approaches to renewable energy.
Sunday, August 06, 2006
Coastal homeowners may feel heat of global warming
Coastal homeowners may feel heat of global warming as insurance companies re-evaluate the potential costs of extreme weather events. A company that forecasts the risk of natural disasters for the insurance industry, Risk Management Solutions, updated their computer model recently and determined that average annual insurance losses will increase 25 to 30 percent in the coastal Northeast, primarily because of hurricane activity.